College of Business and Innovation

EMBA Frequently Asked Questions (FAQs)

  1. Do I need to have a business degree to be eligible for the program?
  2. Is work experience required?
  3. Is the GMAT required?
  4. Can I specialize in a certain area?
  5. Is there an international component to the program?
  6. Are there any other unique features of the program?
  7. Where do classes meet?
  8. How much does the program cost?
  9. Do I have to pay out-of-state tuition if I live in Michigan?
  10. What’s the difference between the Executive MBA and the full-time MBA?
  11. What does a typical EMBA calendar look like for the length of the program?
  12. How many students are usually admitted to the program?
  13. How much time should I be prepared to spend on studies (outside of class time)?
  14. Is financial aid available?
  15. What are the admission requirements?
  16. After I’m admitted, can I defer to a future term?

Do I need to have a business degree to be eligible for the program?

Your bachelor’s degree does not need to be related to business. Students’ undergraduate and graduate backgrounds range from business administration, arts, engineering, social sciences, medicine and law.

Is work experience required?

A minimum of three to five years of experience in business with significant management responsibilities.

Is the GMAT required?

The GMAT may be waived for eligible applicants who have sufficient employment experience with managerial responsibilities deemed acceptable by the Admissions Committee. We will accept the LSAT, MCAT or GRE in lieu of the GMAT under specific circumstance and it is determined on a case by case basis.

Can I specialize in a certain area?

The EMBA curriculum is designed to enhance the ability of professionals and executives to effectively lead change and growth in today’s ultra-competitive environment. Participants in the program take 16 dynamic courses built around three major integrative themes:

  • Entrepreneurship/Intrapreneurship and the Integration of Business Functions
  • Global Technology Management
  • Leadership Development

Is there an international component to the program?

An international perspective on business is emphasized throughout the program. Participants take part in an international trip in the final class term as part of the Global Study Field Trip. During the seven to ten day trip, participants meet with business, finance and government leaders to achieve a greater understanding of global business. Previous groups have visited Germany, Scotland, Poland, England, and China (Hangzhou, Shanghai and Beijing).

Are there any other unique features of the program?

  • Unique Focus on Innovation & Growth – The program develops the executive’s entrepreneurial skills in generating ideas with impact. Functional skills to plan and implement new ventures are also strengthened.
  • International Perspective – An international perspective on business is emphasized throughout the program. Participants take part in an international trip near the end of the end of the program as part of the Global Study Field Trip.
  • Personalized, Hands-on Learning – All courses were specifically developed for this program and classes are taught by experienced senior faculty.
  • Strong Peer & Faculty Relationships – By taking all courses together in the same sequence and sharing the same educational experiences, participants enjoy in-depth learning, teamwork techniques, and lasting friendships.
  • Limited Class Size & Strong Customer Service – Class size is limited to 25 students. The EMBA Program provides the highest level of customer service in a warm and caring environment.
  • Enhanced Technology - every student in the EMBA program receives an iPad that they will use in classroom instruction and engaging with faculty, staff and student colleagues.
  • Executive Coaching - every EMBA student will receive executive coaching to help them take their skills and development to the next level.

Where do classes meet?

EMBA students meet at Stranahan Hall-South on the UT Main Campus.

How much does the program cost?

The $42,500 comprehensive fee for the Executive MBA format includes prerequisite review sessions, orientation, tuition, general fees and other miscellaneous fees, books and course materials, meals and refreshments on class days, parking, and transportation and accommodations for the international study trip.

Do I have to pay out-of-state tuition if I live in Michigan?

There are no out-of-state fees associated with the Executive MBA format. The program costs are the same for every student regardless of state residency.

What’s the difference between the Executive MBA and the full-time MBA?

Please see the link below for MBA program format comparisons.

University of Toledo MBA Program Format Comparisons

What does a typical EMBA calendar look like for the length of the program?

View the Class of 2014 calendar for an example.

How many students are usually admitted to the program?

Typically 15-20 students.

How much time should I be prepared to spend on studies (outside of class time)?

This varies, but we hear from our students that they dedicate anywhere from 20-25 hours per week outside of class time on studies/preparation.

Is financial aid available?

Yes. The University of Toledo’s Student Financial Aid Office awards more than $250 million in financial aid to more than 20,000 students per year. Our financial aid staff is dedicated to your success and will help you explore all possible financial aid. Participants in The University of Toledo’s EMBA program may be eligible for federal and/or private loans. Private loans are available for both U.S. and non-U.S. citizens with proper visa status. You may want to consider borrowing from Federal Direct Loans, which typically offers lower repayment costs, Federal Grad PLUS, or even private lenders. These financial sources can be discussed once you have been officially to the program.

For more details about the Free Application for Federal Student Aid (FAFSA), visit:

http://www.utoledo.edu/financialaid/fafsa/

http://federalstudentaid.ed.gov/

University of Toledo’s Financial Aid Office can assist you in obtaining student loans. The website http://www.utoledo.edu/financialaid/ contains specific, current information about different loan programs and application procedures.

What are the admission requirements?

A complete application includes the following:

  • Application
  • Resume
  • $45 application fee
  • Official transcript(s) from all higher education institutions attended
  • 1 employer nomination form
  • 2 letters of recommendation
  • Official GMAT score*

*GMAT score may be waived based upon academic and professional achievements.

Please see the link below for additional details.

http://www.utoledo.edu/business/EMBA/EMBAApplProc.html

What are the admission deadlines and application fees?

Applicants should complete and submit application materials and $45 application fee before August 2, 2012. Once accepted into the program, a $1,100 deposit towards your tuition is required and non-refundable after December 1, 2012.

What happens after I have submitted my application?

Once we receive a complete application and all supporting documentation, your application will be reviewed by members of the EMBA Admissions Committee.

After I’m admitted, can I defer to a future term?

Yes. Admitted students may defer to a future term.

Last Updated: 3/23/15